Most U.S. companies concede in a new survey that it's going to take more than health care reform legislation to curb rising health care costs, and that the workplace should play a pivotal role in encouraging healthy behaviors.
Voluntary life sales accounted for 24 percent of all voluntary sales in 2009, and new life sales were $1.3 billion for the year, up about 14 percent over 2008, according to Eastbridge's U.S. Worksite Sales Report.
House Democratic leaders released a scaled-down version of a tax and unemployment benefits extension bill Wednesday in an effort to get the measure approved before Congress breaks for its Memorial Day recess.
A new survey conducted this month finds most companies that offer pre-65 retiree medical benefits intend to apply for a federal reinsurance reimbursement program enacted under new health care reform legislation.
But more than one-third (35 percent) would consider dropping their employer plan if they can purchase similar coverage for a lower cost somewhere else.
Since March 2009, when the S&P 500 plummeted to a 12-year low, 401(k) account balances have surged more than 55 percent to hit at $71,600 on average by the end of the first quarter 2010.
Unless health care costs can be mitigated, more than 60 percent of large employers' health plans will be affected by a federal excise tax that will go into effect in 2018, according to new analysis from benefit consultant Towers Watson.
Research shows individuals who have a health plan with integrated benefits are far more likely to obtain necessary care, take their medication appropriately, and get necessary lab tests associated with chronic conditions.
Small businesses receiving state health care tax credits may also qualify for the full federal tax credit, and may also be eligible to receive credit for add-on dental and vision coverage, according to new IRS guidelines released Monday.